REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1002 Apache Ln, Apex, NC 27502

3 beds • 3 baths • 1858 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.11% first-year return on $131k initial cash invested.

-15.11%

Cash On Cash

2.48%

Cap Rate

0.42

DSCR

$2,864

Rent

-$1,655

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,864 income − $4,519 expenses = $1,655 out of pocket

Income$2,864Out of Pocket$1,655Mortgage P&I$2,65593%Property Taxes$29910%Insurance$1897%Management$43015%CapEx$1154%Maintenance$1154%Other$71625%

Investment Breakdown

|

Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,400

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,864

Total Expenses

$4,519

Mortgage P&I

93%

$2,655

Property Taxes

10%

$299

Home Insurance

7%

$189

HOA

0%

$0

Property Management

15%

$430

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$716

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis